Podcast
Questions and Answers
Under which section of the Contract Act, 1872 is 'coercion' defined?
Under which section of the Contract Act, 1872 is 'coercion' defined?
Which section of the Contract Act, 1872 defines 'consent'?
Which section of the Contract Act, 1872 defines 'consent'?
In the Contract Act, 1872, which section deals with 'free consent'?
In the Contract Act, 1872, which section deals with 'free consent'?
In the Contract Act, 1872, which section defines 'fraud'?
In the Contract Act, 1872, which section defines 'fraud'?
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Which section of the Contract Act, 1872 covers void agreements due to 'undue influence'?
Which section of the Contract Act, 1872 covers void agreements due to 'undue influence'?
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Under what conditions can an agreement without consideration be valid?
Under what conditions can an agreement without consideration be valid?
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According to Section 27, what is the status of an agreement in restraint of marriage?
According to Section 27, what is the status of an agreement in restraint of marriage?
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In what circumstances are agreements in restraint of trade void, according to the text?
In what circumstances are agreements in restraint of trade void, according to the text?
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What is the status of agreements by way of wager, based on the text?
What is the status of agreements by way of wager, based on the text?
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When can contracts contingent on the happening of a specified event within a fixed time be enforced, according to the text?
When can contracts contingent on the happening of a specified event within a fixed time be enforced, according to the text?
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Study Notes
Coercion and Consent
- Coercion is defined under Section 15 of the Contract Act, 1872.
- Consent is defined under Section 13 of the Contract Act, 1872.
Free Consent and Fraud
- Section 14 of the Contract Act, 1872 deals with 'free consent'.
- Fraud is defined under Section 17 of the Contract Act, 1872.
Void Agreements
- Section 16 of the Contract Act, 1872 covers void agreements due to 'undue influence'.
- An agreement without consideration can be valid if it is in writing and registered under law, or if it is a promise to compensate for something done.
Restraint of Marriage and Trade
- An agreement in restraint of marriage is void, according to Section 27 of the Contract Act, 1872.
- Agreements in restraint of trade are void, unless they are reasonable and in the interest of the parties involved.
Wager and Contingent Contracts
- Agreements by way of wager are void, according to the text.
- Contracts contingent on the happening of a specified event within a fixed time can be enforced, but only after the event has happened.
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Description
Test your knowledge of the sections and provisions related to the communication, acceptance, and revocation of proposals as per The Contract Act, 1872. Explore the legal aspects of proposal communication, acceptance conditions, and revocation procedures.
